Employment Type : Full-Time
GENERAL SUMMARY: The Senior (Commercial Real Estate) is responsible for all aspects of a proposed loan from the time the borrower executes the term sheet through closing. Post-closing, the Underwriter will assist the Relationship Manager and Portfolio Manager with follow-up matters as needed. The Senior (Commercial Real Estate) must analyze property operations including all historical revenues, expense, and capital expenditures as well as future projections to support the ongoing economic viability of the property and the loan. * * * * * * *_ * * While performing the job duties of this position, the employee is regularly required to sit; talk or hear in person and by telephone; use hands to operate standard office equipment; reach with hands and arms; lift minimum 10 lbs. The employee is frequently required to walk and stand. Vision abilities required by this job include close vision and the ability to adjust focus to read and operate office equipment, as necessary. The employee works under typical office conditions and noise levels. * Job Type: Full-time
The Underwriter Sr Commercial role in Commercial Real Estate is to evaluate the credit worthiness and management capabilities of the borrower/guarantor, the real estate collateral securing the proposed loan, and adequacy of the loan structure for transactions and/or relationships. The evaluation process encompasses analyzing the underlying property, the surrounding market and demographic area and the financial strength and experience of the borrower/guarantor.
NATURE AND SCOPE OF POSITION: *
The position works with a minimal amount of supervision and direction and is authorized to take reasonable actions necessary to carry out the assigned responsibilities of the position, provided that such action is consistent with cost-effective practices and is consistent with the policies and procedures of Kinecta Federal Credit Union.
Must Have: *
ESSENTIAL DUTIES AND RESPONSIBILITIES: *
NON-ESSENTIAL DUTIES AND RESPONSIBILITIES: *
Performs other duties including special projects as assigned.
MINIMUM QUALIFICATIONS*
Education, Training and Experience: *
Potential candidates for this position must meet the following requirements:
One year of relevant professional-level work experience may be substituted for one year of required education._*
WORKING CONDITIONS*:
PHYSICAL ABILITIES, MENTAL DEMANDS, AND WORK ENVIRONMENT*
Must be able to exercise sound judgment, effectively plan and be well organized, have excellent oral and written communications skills, work well under changing timelines, take the initiative and be flexible and cooperative. Accuracy, timeliness and maintaining confidentiality related to member, employee information and company records is required.
Disclaimer: *
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.